Annual report pursuant to section 13 and 15(d)

7. Prepaid Expenses and Other Current Assets

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7. Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2012
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
7. Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following at December 31, 2012 and December 31, 2011:

    2012   2011
Prepaid insurance $ 44,390 $ 47,562
Other prepaid expenses   308,631   79,344
Due from Prestige (see note 5)   648,428   261,437
Total $ 1,001,449 $ 388,343